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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash flows from operating activities:      
Net income $ 555 $ 566 $ 550
Adjustments to reconcile net income to net cash flows from operating activities:      
Depreciation and amortization 611 561 549
Deferred income taxes and amortization of investment tax credits 374 710 645
Changes in regulatory assets and liabilities (23) 4 5
Other, net (25) (58) (32)
Changes in other operating assets and liabilities:      
Accounts receivable and other assets (42) (14) (5)
Derivative collateral, net 4 (102) 57
Inventories (59) (26) (39)
Income taxes receivable, net 275 (96) (206)
Accounts payable and other liabilities (34) (135) (24)
Net cash flows from operating activities 1,636 1,410 1,500
Cash flows from investing activities:      
Capital expenditures (1,506) (1,607) (2,328)
Purchases of available-for-sale securities 0 0 (21)
Proceeds from sales of available-for-sale securities 0 0 36
Other, net (23) (6) 5
Net cash flows from investing activities (1,529) (1,613) (2,308)
Cash flows from financing activities:      
Net proceeds from (repayments of) short-term debt 652 36 (85)
Proceeds from long-term debt 399 0 992
Proceeds from equity contributions 0 100 125
Repayments and redemptions of long-term debt and capital lease obligations (588) (16) (144)
Preferred stock dividends (2) (2) (2)
Common stock dividends (550) 0 0
Other, net (2) (1) (20)
Net cash flows from financing activities (91) 117 866
Net change in cash and cash equivalents 16 (86) 58
Cash and cash equivalents at beginning of period 31 117 59
Cash and cash equivalents at end of period $ 47 $ 31 $ 117